28 Nov '14, 4pm

China Struggles To Meet Solar Targets

Bottom line: China is likely to fall well short of its plan for 35 gigawatts of solar power capacity by the end of next year due to profit-seeking speculation and lack of experience among plant builders and operators. I’ve been quite skeptical for a while about China’s ambitious plans to rapidly build up its solar power capacity, arguing that many of the plants being built are more designed to please central planners in Beijing than of real practical use. Now it seems at least one researcher at a major government institute agrees with that view, prompting him to slash his forecasts for new construction this year. That certainly doesn’t look good for big domestic names like Yingli (NYSE: YGE ) and Trina (NYSE: TSL ), which are hoping to keep their recent positive momentum going with big new demand from plant developers in their home market. The latest report contains intere...

Full article: http://www.altenergystocks.com/archives/2014/11/china_str...

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China's Solar Energy Progress Sputters

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I’ve been quite skeptical for a while about China’s ambitious plans to rapidly build up its solar power capacity, arguing ...

@Ahmed_Adeeb

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Bitcoiners:

Bitcoiners:

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